A RANGELAND GRASSHOPPER INSURANCE PROGRAM
The incidence of benefits and costs from controlling rangeland grasshoppers on public grazing lands poses problems of economic efficiency and distributional equity. Public grasshopper control programs operate like public disaster assistance. However, grasshopper infestations are an insurable risk. This article proposes a rangeland grasshopper insurance program which reduces the economic inefficiencies and distributional inequities of the existing program.
Skold, Melvin D.; Davis, Robert M., A RANGELAND GRASSHOPPER INSURANCE PROGRAM, Journal of Agricultural and Resource Economics, Volume 20, Issue 2, December 1995, Pages 291–300
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